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Hengan International Group (OTCMKTS:HEGIY) Sees Strong Trading Volume - Here's What Happened

Hengan International Group logo with Consumer Discretionary background

Key Points

  • Hengan International Group experienced a significant increase in trading volume on Thursday, with 260,289 shares traded, marking a 740% increase from the prior session.
  • The company announced an increase in its dividend to $0.4175 per share, which will be paid on October 27th, yielding 522.0%.
  • Hengan's current stock price is $16.07, up 1.7% from its previous close of $15.94.
  • Interested in Hengan International Group? Here are five stocks we like better.

Shares of Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY - Get Free Report) saw an uptick in trading volume on Thursday . 260,289 shares were traded during trading, an increase of 740% from the previous session's volume of 30,987 shares.The stock last traded at $16.07 and had previously closed at $15.94.

Hengan International Group Trading Up 1.7%

The stock has a 50 day moving average price of $15.36 and a 200-day moving average price of $14.42. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.13 and a current ratio of 1.43.

Hengan International Group Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, October 27th. Stockholders of record on Wednesday, September 10th will be issued a dividend of $0.4175 per share. This is an increase from Hengan International Group's previous dividend of $0.41. This represents a dividend yield of 522.0%. The ex-dividend date is Tuesday, September 9th.

Hengan International Group Company Profile

(Get Free Report)

Hengan International Group Company Limited, an investment holding company, manufactures, distributes, and sells personal hygiene products in the People's Republic of China and internationally. The company offers pocket handkerchiefs, box and soft tissue papers, kitchen towels/papers, toilet rolls, first-aid products, enema, garbage and food bags, preservation papers, table cloths and disposable toilet brush, sanitary napkins, pantiliners, overnight pants, wet tissues, maternal and child care products, adult and baby diapers, and cleansing products.

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